This Week in Coins: Investors Rehash Bitcoin's 'Safe-Haven' Status as DeSantis Takes Aim at CBDCs

As investors rushed to leading cryptocurrencies like Bitcoin, politicians in the United States took aim at incoming CBDC plans.

• 2023-03-26
• Swiss National Bank Credit Suisse Silicon Valley Bank CBDC Ron DeSantis Ordinals

Fed, ECB and Others Take Coordinated Steps to Boost Dollar Liquidity; Bitcoin Tops $28K

The U.S. Federal Reserve (Fed) on Sunday announced it had joined hands with other major central banks to ensure a steady flow of the U.S. dollar, a dominant reserve currency, in the global financial system. The Fed said it would increase the frequency of the dollar swap lines with the European Central Bank, the Bank of Japan, the Bank of England, the Bank of Canada and the Swiss National Bank from weekly to daily, starting Monday.

• 2023-03-20
• Swiss National Bank U.S. Federal Reserve Bank of Japan European Central Bank Bank of Canada the Bank of England central banks

Bitcoin Holds Steady Above $24.5K as European Banking Crisis Eases

BTC has remained in a range between $24,200 and $25,200 over the past 24 hours. Investors are hoping the Federal Reserve relaxes its recent monetary hawkishness.

• 2023-03-17
• Swiss National Bank Credit Suisse market capitalization European banking crisis CoinDesk interest rate European Central Bank cryptocurrency inflation hedge